Clear communication and legal safeguards are essential for a successful partnership.

Heck of a job keeping all the paperwork from 22 years ago. 2 realtors and an inspector and none of them knew an old house or deck would be up to code?

They argue that the first few years maintenance would be insignificant since the properties are renovated, and so you're essentially stashing that money away for the future maintenance needs. 

They were super slow, had literally no idea how to read a basic purchase agreement contract, messed up on most of the paperwork, and ultimately were going to cause us to close 2-3 weeks late, with a lot of extra fees and less LTV than originally promised.

We still had the meeting and filled all the paperwork out though so it's worth a shot

Ive seen wholesalers use various type of paperwork.  

----------------------------------------------------------------------------------------------------------------I have the cost list for the classes but they state they are tailored to meAll together @ retail - $29,976 without Asset Protection/Entity Structuring - $17,976 Money School Essentials (Virtual 3 day plus 1 year recordings plus access to library)$1891PMC Premier - 1497/PMC Accelerator coaching -2997$5,494PMC RE Performance Bus Tour (12 week RE Coaching) - 7997/VIP Money Tank - 1297 (EACH)$10,591Asset Protection/Entity Structuring $12,000Success Team Tuition - $20,488 WITHOUT ASSET - $12,488 Money School Essentials( Live Virtual 3 day plus 1 year recordings and access to library)includedPMC Premier - 997/ PMC Accelerator coaching - 2497$3,494BUS TOUR/PMC RE 12 week on Demand - 6997Money Tank -2 TICKETS - 997 EACH$8,991API LAW (asset protection/entity/trust)$8,000-------------------------------------------------------------------------------------------------------------------------This has all been over the phone or email. 

Throw in a few nice touches, like coffee or board games, to wow your guests.Keep extra linens, cleaning supplies, and essentials like toilet paper handy so turnovers are quick and easy.

It is essentially a cave with only that one means of egress.

The activity is essentially no longer subject to the passive activity rules, so even if your modified AGI exceeds $150,000, you can take the suspended losses in year of sale.